China
China accounted for almost 60% of Asian Outbound Investment in H1 2016
According to an estimate of CBRE China accounted for almost 60% of Asian Outbound Investment in H1 2016, or $16.1 Bln, mostly in the US and hospitality business.

According to an estimate of CBRE China accounted for almost 60% of Asian Outbound Investment in H1 2016, or $16.1 Bln, mostly in the US and hospitality business.
Asian capital remained active in overseas markets in H1 2016. Chinese groups were particularly lively, accounting for around 60% of total outbound investment, led by insurance firms.
The Americas continued to attract the largest share of Asian outbound investment. New York overtook London as the top city destination for Asian capital.
The period saw strong cross-border investment within Asia as investors sought to diversify domestic market risks and achieve higher returns.
Experienced investors are increasingly exploring alternative sectors such as student housing. Hospitality assets are also receiving stronger interest.
More investors are purchasing portfolios. Five of the top ten Asian outbound transactions in H1 2016 were portfolio deals.
China
RCEP and China: Reimagining the future of trade in Asia
The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.

Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.
(more…)China
Thailand ready to ink big Chinese-backed trade deal
The RCEP will cover all 10 Asean member states plus five partners: China, Australia, Japan, New Zealand, and South Korea and will take effect from the middle of 2021 if at least six Asean members and three partners agree to its terms.

Thailand is set to sign the world’s biggest free trade agreement with Japan, China, South Korea and 12 other Asia-Pacific countries at the 37th Asean Summit this week.
(more…)Business
Great Wall Motor (China) takes over GM factory in Thailand
The Thai production hub will become operational in the first quarter of 2021 with automobile production capacity of 80,000 units per annum.

Chinese carmaker Great Wall Motor (GWM) hosted a ceremony on November 2nd to celebrate the latest milestone in taking full ownership of Rayong Manufacturing Facility in Thailand.
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